Express, Inc. EXPR announced today that its Board of Directors declared a special dividend of $0.56 per share, totaling $50 million. The special dividend will be paid on December 23, 2010 to shareholders of record at the close of business on December 16, 2010.
In conjunction with this approval the Board of Directors also authorized a debt reduction of up to $25 million.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in